FOR SALE: B&B - 79 East Street, Ashburton, Devon - 27th June 2018

This exceptional business opportunity is currently being offered to market by licensed property specialists Stonesmith of Exeter.

79 East Street is an impressive grade II listed Georgian Villa originally constructed in 1814 as a private residence, which was subsequently converted into a hotel. Currently operating as a high quality bed and breakfast this impressive property is extremely well presented throughout having been in the current ownership for 25 years, and has been sympathetically and fastidiously maintained and improved to exacting standards. The business provides an excellent operating environment which still offers further potential as a lucrative bed and breakfast business and family home.

This high quality property briefly comprises: - Residents Lounge, Breakfast Room, Kitchen with Breakfast Servery Area and Utility Room, Principle Reception Room with adjoining Orangery (offering potential as an owners apartment or as an additional letting unit subject to the necessary consents), 6 high quality Ensuite Letting Bedrooms, and a Letting/Owners Suite. Additionally, there is a stone built Letting Cottage to the rear with Lounge, Shower room and Double Bedroom. Also to the rear of the property is an enclosed Private Walled Garden on two levels incorporating a Patio Area, Lawned Garden, Decked Area and Summer House with stone built BBQ Area.

The property occupies a prominent and highly visible trading position within the heart of the thriving moorland town of Ashburton, an appealing and popular ancient stannary town set on the southern fringes of Dartmoor National Park.

The property is offered as a “turn key” Bed & Breakfast business with the benefit of extremely lucrative forward bookings. The sale of 79 East Street offers enormous potential for new owners to either operate the business on a profitable lifestyle basis below the VAT threshold or to maximise all available income streams and create a most profitable multi-faceted business. An internal viewing is essential in order to fully appreciate all that this impressive business and property has to offer.

The freehold property and business is for sale for an asking price of £795,000. Full property details are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262.

“
Thank you so much for the speed in which you sold our business, should be in the record books, sale agreed in less than 24 hours. Mike and Joan you are a great team, thanks again, we will always recommend Stonesmith's ”